Southwest Airlines (LUV) Retained Earnings (2009 - 2026)

Southwest Airlines has reported Retained Earnings for 18 years, with the latest figure at -$1.0 million in Q1 2026.

• For the quarter ending Q1 2026, Retained Earnings fell 100.01% year-over-year to -$1.0 million; the trailing twelve-month figure through Mar 2026 stood at -$1.0 million (down 100.01% YoY), and the FY2025 full-year result was $16.4 billion, changed 0.34% from the prior year.
• Retained Earnings for Q1 2026 stood at -$1.0 million, down from $16.4 billion in the prior quarter.
• The five-year high for Retained Earnings was $16.6 billion in Q3 2022, with the low at -$37.0 million in Q3 2024.
• Historically, Retained Earnings has averaged $8.2 billion across 5 years, with a median of $8.2 billion in 2022.
• Annual changes were most pronounced in 2024 — Retained Earnings slumped 118.41% — and 2025, when it soared 84531.58%.
• Southwest Airlines' Retained Earnings stood at $344.0 million in 2022, then slumped by 41.57% to $201.0 million in 2023, then soared by 8025.37% to $16.3 billion in 2024, then increased by 0.34% to $16.4 billion in 2025, then slumped by 100.01% to -$1.0 million in 2026.
• The last three Retained Earnings figures came in at -$1.0 million (Q1 2026), $16.4 billion (Q4 2025), and $16.2 billion (Q3 2025), per Business Quant data.